Amazon’s 2 new headquarters will need bodies to fill 50,000 high paying jobs: Here’s how to land one
Amazon will soon have more than 50,000 jobs to fill. The company announced this month it will open two new headquarters, one in New York City, and the other in northern Virginia, and that the average salary will be more...
In bigger crackdown of crypto abuses, SEC goes after unregistered coin offerings
The Securities and Exchange Commission announced its first civil penalties on Friday against crypto founders who failed to register new coin offerings, part of a bigger regulatory and legal crackdown aimed at abuses and outright fraud in the growing digital...
Wall Street’s crypto bull Tom Lee slashes year-end bitcoin price forecast nearly in half
Wall Street’s best-known cryptocurrency bull just cut his bitcoin price target nearly in half. Tom Lee, co-founder of Fundstrat Global Advisors, lowered his year-end target to $15,000 from $25,000 — still well above where the cryptocurrency was trading on Friday....
Nvidia nurses ‘crypto hangover’ as demand for mining chips evaporates
Chipmaker Nvidia was a major beneficiary of the crypto-boom last year. But by now, the party is over and the hangover is starting to set in. In its disappointing earnings report Thursday, Nvidia executives outlined a drop in revenue for...
He just had $135,000 in student loans forgiven. Here’s how he did it.
Matt Tremel is one of 96 people to have his student debt canceled through the public service loan forgiveness program. Happy endings like his were not supposed to be so rare. One-quarter of American workers were expected to be eligible...
PayPal and Square quietly grow small business lending using data as their edge over banks
Moving a bakery from Staten Island to Brooklyn is not cheap. French chef Laurent Chavenet, a food industry veteran, knew this. But he didn’t anticipate how hard it would be to get a $30,000 loan to make that move after...
Wall Street’s newest billion-dollar battleground: Small town, USA
John Richert knew the moment Goldman Sachs was coming to town. First, the J.P. Morgan Chase banker got a call from a recruiter in June 2017 asking if he would consider joining the rival. Then Goldman went after his entire...
Fed’s Clarida says central bank close to neutral and should be ‘data dependent’ on more hikes
The Federal Reserve is close to the point of being “neutral” on interest rates and should predicate further increases on economic data, the central bank’s vice chairman said Friday. Recent appointee Richard Clarida told CNBC’s Steve Liesman that nearly three...
Stocks making the biggest move premarket: FB, NVDA, PCG, JWN & more
Check out the companies making headlines before the bell: Facebook – COO Sheryl Sandberg responded to a New York Times report that alleged the company ignored and then attempted to cover up how Russia used Facebook to disrupt the 2016...
Europe needs a fully formed banking union to compete with Wall Street, Deutsche Bank CEO says
European banks desperately need a fully formed banking union to compete with the world’s most valuable financial institutions, according to the chief executive of Germany’s biggest lender. “We have to accelerate the banking union and revitalize the concept of a...
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